Friday, June 23, 2006

Quick Overview

  • The U.S. Commerce Department said that durable goods were down 0.3% in May, weaker than expected.

  • Mexico's central bank left the country's benchmark overnight interest rate unchanged.

  • New Zealand's GDP was up 0.7% in the first quarter of 2006 and up 2.2% YoY

  • The Florida Department of Citrus Processors said there were 100 million gallons of frozen orange juice concentrate in inventory on June 17th, down 30% YoY.

  • Panama's Congress will debate next week whether to push ahead with an ambitious and costly plan to expand its canal.

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